Gold

A conveyor belt at African Barrick's North Mara mine in Tanzania. Source: Barrick Gold

African Barrick rights the ship

African Barrick Gold (ABG-L) has endured its fair share of criticism over the last few years. There have been misses on production targets and social unrest around its assets in Tanzania. Then there was a failed takeover bid from a…


Healthy operating cash flow in Q1, Barrick says

Barrick Gold (ABX-T, ABX-N) has reported operating cash flow in the first quarter of 2013 at US$1.1 billion, down from US$1.4 billion in the first quarter of 2012, while net earnings totalled US$847 million, or US85¢ per share, down from…



Processing facilities at Yamana's Chapada open pit gold-copper mine, located in Brazil. Credit: Yamana Gold.

Yamana’s Q1 profits plunge as costs rise

Despite producing more gold than a year ago, Toronto-based Yamana Gold (YRI-T, AUY-N) wasn’t able to buck the trend of miners posting shrinking first-quarter profits amidst dipping metal prices. Profit for the first quarter of…



Aldridge de-risks Yenipazar in Turkey

A nation at the crossroads of Europe and Asia measuring about 800 by 1,600 km is punching above its weight as an emerging mining jurisdiction, with operating mines owned by Inmet Mining (IMN-T), Eldorado Gold (ELD-T, EGO-N) and Alacer Gold…



Old files at the past-producing Horne polymetallic mine. Source: Falco Pacific Resource Group

Falco finds gold in Horne’s old data

Falco Pacific Resource Group (FPC-V) secured the jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving that necessity is indeed the mother of invention…


Agnico-Eagle Mines CEO Sean Boyd.

Agnico’s steady hand in choppy waters

The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.





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